News

A series of apparently unrelated setbacks in the past week has wiped out $9 billion in shareholder equity at Electronic Data Systems and left executives protesting that attacks on the company are nothing more than rumor and innuendo.

Perot Systems, still under fire because of accusations that it helped power companies exploit loopholes in California's energy market system, announced plans this week to enter the government services space.

StorageNetworks CEO Peter Bell spent 10 years working at EMC as a salesman before he went on to start StorageNetworks with co-founder Bill Miller. The two got access to fibre networks in Houston, Texas, and started to deliver storage-on-demand to oil and gas companies that had intermittent storage needs--most often when they conducted seismic analysis.

Advanced Micro Devices, which warned investors two weeks ago that it would fall short of its previous revenue and earnings expectations for the second quarter, said it now expects to fall short of its revised numbers.

When asked by CRN what WorldCom is doing to prevent agents and resellers from taking WorldCom customers to other carriers, CEO John Sidgmore said the company is doing everything it can to regain channel confidence.

John Sidgmore, chief executive officer of beleaguered WorldCom Inc., on Tuesday laid the blame for multibillion dollar accounting irregularities at the feet of the firm's former executives and cast doubt as well on Arthur Andersen's auditors.

XChange Solution Provider 2015 is finally upon us and the timing couldn't be better. The premier channel event is happening March 1-3 in Dallas, bringing together 225 solution provider decision makers from across North America. CRN is at the event to provide news, analysis and a firsthand take from partners.